U.S.-Iran ceasefire relief rally lifts global assets as oil plunges below $100
A 2-week ceasefire between the U.S. and Iran sparked a broad-based relief rally across risk assets, and even buoying traditional safe havens.
A 2-week ceasefire between the U.S. and Iran sparked a broad-based relief rally across risk assets, and even buoying traditional safe havens.
The 10-year Treasury yield was relatively unchanged on Wednesday as the prospect of a resolution to the Iran conflict lifted investor sentiment. The yield on the 10-year Treasury rose less than 1 basis point to 4.315%. The 2-year yield dropped 1 basis point to 3.789%, while the 30-year Treasury yield was up more than a basis point at 4.906%….
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Crude prices extended gains during Asia trading as escalating attacks in the Persian Gulf and U.S. President Donald Trump‘s signals on exiting the Iran conflict even as the Strait of Hormuz remains…
Naivasha — The 2026 WRC Safari Rally revved off today morning (Thursday) in Naivasha with Belgian driver Thierry Neuville setting the pace after topping the times in shakedown as crews prepared for what is widely expected to be another brutal run. The Belgian, making his 185th start to move past Sébastien Loeb on the WRC’s…
The BRVM posted its seventh consecutive weekly gain, supported by dividend season flows and rising trading activity. The Composite index rose 3.81% to 417.71 points. The BRVM 30 gained 3.99% to 194.81 points, while the Prestige added 3.39% to 164.82 points. More than 11.36 million shares were traded during the week for a total value…
A bounceback by tech stocks around the world helped drive equity markets higher on Wednesday, 24 February, and set the scene for Nvidia’s earnings report, while investors set aside their concerns around US tariffs – at least for now. File photo: People sit near an electronic board showing stock market index at the Indonesia Stock…
Nology, a leading value-added distributor in southern Africa, has unveiled the Logitech Rally Board 65, all-in-one collaboration solution engineered to simplify connectivity and enhance team productivity in enterprise environments. This launch marks a significant milestone in workplace technology, bringing South African businesses a single, unified solution that transforms traditional meeting rooms into intelligent, interactive collaboration…
NAIROBI — KCB Rally Driver Nikhil Sachania has officially been crowned the 2025 FIA Africa Rally Championship 3 category winner. Sachania, who is Africa’s only paraplegic rally driver, was conferred the honour by Sports Cabinet Secretary Salim Mvurya at the Talanta Plaza on Friday morning. He described the feat as a dream-come-true and a massive…
Los Angeles Clippers overcome a 14-point deficit to beat Toronto Raptors 121-117, while Nets and Cavaliers also win. James Harden scored eight of his 31 points in overtime and added 10 assists as the visiting Los Angeles Clippers defeated the Toronto Raptors 121-117. Ivica Zubac had 16 points and 14 rebounds for the Clippers, who…
The arrest of Venezuelan President Nicolás Maduro by the Trump administration has added a new layer of geopolitical uncertainty, reinforcing gold’s role as a global safe-haven asset and pushing prices to record levels. Gold rose more than 2.5% on January 5, climbing to nearly $4,450 an ounce. Since the start of 2025, prices are up…